Dyer, of Houston, replaces Kevin Foxx at the head of the company formerly known as SemGroup Energy Partners LP. Blueknight changed its name to further separate its image from former parent SemGroup Corp., which emerged from Chapter 11 bankruptcy earlier this month.
Dyer already was a member of the Blueknight general partner board. Vitol, which bought control of the general partner interest from Manchester Securities last month, put Dyer in charge of its new investment from the beginning, officials said.
The appointment “just expanded his role to formally include the CEO responsibilities,” Blueknight Chief Financial Officer Alex Stallings said Monday in a telephone interview.
Dyer joins Michael Cockrell, named last month as president and chief operating officer, as a top decision-maker in Blueknight’s day-to-day operations. Cockrell works out of Oklahoma City, while Stallings is ranking officer at the Tulsa headquarters.